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Steinhafel Steps Down as Target Chief

Gregg Steinhafel

MINNEAPOLIS-Gregg Steinhafel, Target’s chairman, president and CEO, has resigned effective today, ending his 35-year career with the retailer. A statement from the Target board of directors, issued today, said Steinhafel and the board mutually agreed to end his tenure after “extensive discussions.” A letter written by Steinhafel to the board obtained by HFN said heMore »